NAR Weekly Newsletter
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CAR Market Matters
Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), California home sales declined for the third straight month in October, while sales of condominiums and townhomes continued to be strong. Economic uncertainty surrounding last month’s...
Update on Mortgage Debt Forgiveness
CAR has been working with California Sen. Barbara Boxer to protect distressed homeowners from debt relief income tax associated with a short sale in California. As part of this effort, Sen. Boxer requested the Internal Revenue Service (IRS) to provide guidance on...
Warning on RESPA Enforcement Actions
The Consumer Financial Protection Bureau (CFPB) has recently started taking enforcement actions against illegal referral fees in violation of the federal Real Estate Settlement Procedures Act (RESPA). This serves as a good reminder for real estate agents to understand...
CAR Market Matters
Talking Points … According to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Traditional Housing Affordability Index (HAI), the percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California dropped to 32 percent...
Flood Insurance Premium Increase
Effective October 1, 2013, subsidized flood insurance premiums are being phased out for certain properties that have not been elevated, but are located within a Special Flood Hazard Area. Additionally, starting last year, buyers of these properties are no longer being...
November CAR Standard Forms Release Scheduled
The following forms are scheduled for revision the week of November 25, 2013. zipForm® Plus and zipForm® 6 Professional users will see the new forms automatically. Below is the list of forms scheduled for revision. Click here to view the Quick Summary of the changes....
zipFormMLS-Connect® is Now Free Within Your zipForm® Account
zipFormMLS-Connect® is now FREE within your zipForm® account from the CALIFORNIA ASSOCIATION OF REALTORS®, a value of $19.99/year. With zipFormMLS-Connect®, you can import data that is stored electronically in your MLS database, that has not been keyed into zipForm®....
CAR Market Matters
Talking Points … Double-digit home price appreciation will continue to occur but will drop off by the end of 2014, according to the latest CoreLogic Case-Shiller Home Price Indexes. Increased housing construction and increases in existing inventories are expected to...
New Member Benefit from REALTOR Property Resource
Most REALTORS® know that when a real estate transaction 'closes', it’s really just the beginning...the beginning of creating that lasting relationship with a client. RPR's Market Activity Report allows REALTORS® to continue to stay 'front and center' with past...